It is true...in fact, the big guy was going to take disciplinary action..he told a Board member about it, who in turn told the folks in Legal. That brought about the firing of our two leaders.
The legal department got the Board members together over that weekend. It wasn’t about “financial performance” like they told Wall Street...if you don’t believe me, go back and check. The Company actually made a profit (beat expectations) the quarter our leaders got fired.
This was simply Legal and outside Board members covering up bad behavior. And why would the Board support this, you ask?
Because the Chairman (at least he was until they fired him) told the Board they needed to adjust their pay downward and replace a few of them.
The Board made decisions based on their own pocketbook and to cover up harassers! This is the leadership...took the brothers by surprise.